KUALA LUMPUR/WASHINGTON -- The U.S. has added Singapore, Malaysia and Vietnam to a list of potential currency manipulators, raising concerns that the trend of companies moving business into Southeast Asia to avoid tariffs on Chinese imports could prove a mixed blessing.
While inclusion on the watch list does not mean they will be penalized, those nations are wary of added pressure from Washington to increase imports at a time when the U.S. and China are stuck in a seemingly intractable trade war.
